ANZ noted the following alongside the.....>

AUSTRALIA: ANZ noted the following alongside the release of the weekly ANZ Roy

Morgan Confidence Index: "On the back of strong gains in the 'economic

conditions' subindices, confidence strengthened further last week. Nine weekly

gains in a row is unprecedented. To be fair, though, so was the depth of the

starting point. More good news about control of the pandemic and the consequent

relaxation of restrictions is key to the lift in sentiment. Expectations of

residential housing stimulus and lower petrol prices may also be playing a role.

Though lower petrol prices are also contributing to the record low in inflation

expectations."